1. Organization’s Vision, Mission, Core Values Mission ?· ! 1! 1. Organization’s Vision, Mission, Core Values Mission “At PepsiCo, we believe being a responsible corporate citizen is not only the right thing

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    05-Feb-2018

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<ul><li><p> 1 </p><p>1. Organizations Vision, Mission, Core Values </p><p>Mission </p><p>At PepsiCo, we believe being a responsible corporate citizen is not only the right thing </p><p>to do, but also the right thing to do for our business. </p><p> The mission at Pepsi Cola is to the worlds premier consumer products company </p><p>focused on convenient beverages. Pepsi seeks to produce financial awards to investors as </p><p>they also provide opportunity for growth and enrichment to its employees, business </p><p>partners, and the communities in which they operate. In everything that Pepsi does it </p><p>strives for honesty, fairness, and integrity. </p><p>Vision </p><p>PepsiCos responsibility is to continually improve all aspects of the world in which we </p><p>operate-environmental, social, economic-creating a better tomorrow than today. </p><p> The company vision at Pepsi-Cola is through programs and a focus on </p><p>environmental stewardship put into action activities to benefit society. They pledged a </p><p>commitment to build strong shareholder value by making Pepsi a truly sustainable </p><p>company. </p><p>Core Values and Company Philosophy </p><p>Our values and philosophy are a reflection of the socially and environmentally </p><p>responsible company we aspire to be. We are the foundation for every business decision </p><p>we make. </p><p>Sustained Growth is fundamental to motivating and measuring the companys success. </p><p>Their pursuit for sustained growth stimulates innovation, places a value on results, and </p></li><li><p> 2 </p><p>helps Pepsi understand whether todays actions will contribute to the companys future. It </p><p>is about the growth of people and company performance. </p><p>Empowered People means that Pepsi Cola has the freedom to act and think in ways that </p><p>will get the job done, while adhering to processes that ensure proper governance and </p><p>being mindful of company needs beyond its own. </p><p>Responsibility and Trust forms the foundation for healthy growth. Pepsi Cola holds </p><p>themselves both personally and corporately accountable for everything they do. They </p><p>must earn the confidence others place in them as individuals and as a company. By acting </p><p>as good stewards of the resources entrusted to them, they strengthen that trust by walking </p><p>the talk and following through on their commitment to succeeding together. </p><p>Commitment </p><p>Pepsi is committed to delivering sustained growth through empowered people acting </p><p>responsibly and building trust. </p><p>Pepsis Guiding Principles </p><p>Pepsi Cola makes every effort to uphold its commitment though six principles that act as a guideline. The company feels it must always strive to: </p><p>1. Care for our customers, our consumers and the world we live in. The intense, competitive spirit of the marketplace drives Pepsi, however this spirit is directed towards solutions that benefit both the company and its constituents. The success depends on thorough understanding of consumers, customers, and communities. To foster this spirit of generosity, Pepsi goes the extra mile to show they care. </p><p>2. Sell only products we can be proud of. The true test of standards is Pepsis ability to consume and personally endorse the products they sell without reservation. Their confidence helps ensure the quality </p></li><li><p> 3 </p><p>of its products, from the moments ingredients are purchased to the moment it reaches a customers hand. </p><p>3. Speak with truth and candor. The whole story of the company is told, not just the parts that are convenient to its individual goals. In addition to being clear, honest and accurate, they are responsible for ensuring communication is well understood. </p><p> 4. Balance short term and long term. </p><p>Pepsi weighs the short-term, long-term, and benefits of every decision that is made. Maintaining this balance helps sustain the companys growth and ensures its ideas and solutions are relevant both now and in the future. </p><p>5. Win with diversity and inclusion. Pepsi embraces people with diverse backgrounds, traits and ways of thinking. Its diversity brings new perspectives into the workplace and encourages innovation, as well as the ability to identify new market opportunities. </p><p> 6. Respect others and succeed together. </p><p>Mutual success depends on mutual respect, both outside and inside the company. It requires people who are capable of working together as part of a team or informal collaboration. While our company is built on individual excellence, it also recognizes the importance and value of teamwork in turning its goals into accomplishments. </p><p>2. Organizational Culture and Design </p><p>Organizational Culture and Design is one of the most important factors in creating </p><p>a successful company and quite possibly the most important aspect of an organizations </p><p>internal environment. With the leadership and ideas instilled in the company by our </p><p>founder, Donald M. Kendal, as well as our chairman and CEO, Indra K. Nooyi, the </p><p>company has developed core values, beliefs, and attitudes that accurately reflect the </p><p>vision of improving all aspects of the world. Their vision of creating a better tomorrow </p><p>than today, encompasses their improvements in how they operate and how they can </p><p>improve environmentally, socially, and economically. </p><p> Every business decision we make originates from our values and philosophy. </p><p>With nearly 300,000 employees it may seem difficult to maintain continual growth and </p></li><li><p> 4 </p><p>sustainability. This can be difficult, but we have a lot of trust in both our commitments </p><p>and our employees. By empowering people to act responsibly, we are able to deliver </p><p>sustained growth. This sustained growth is one of our motivational techniques as well as </p><p>our measurement of success. With the common understanding and responsibility, </p><p>employees are free to pursue their work in ways they know will lead to future success. </p><p>Our employees are granted freedom and are encouraged to be innovative and mindful </p><p>when dealing with the companys needs and ideas for the future. Every action we make is </p><p>a sum of individual decisions working together. This process is based upon responsibility </p><p>and trust, granted we hold ourselves corporately and personally responsible on every </p><p>action we take. Ultimately we act on the power entrusted in us and this is what shapes our </p><p>company. This is what builds our united success. </p><p> As an organization, together we have designed six guiding principles, which we </p><p>use to uphold our commitments. None of which are more important than the next. The </p><p>first is the care we have for our customers, consumers, and the rest of the world. Even </p><p>though we are driven by competition in the market, we search deeper for an </p><p>understanding of where our product is going. But we dont stop there. We go even further </p><p>to show our appreciation. The second guiding principle states that we only sell products </p><p>we are proud of. Our confidence is very important to the consumer and this begins with </p><p>our product ingredients. We also speak with truth and candor. This is our third principle. </p><p>It is a responsibility to be clear, honest, and accurate with every communication and </p><p>interaction. Our fourth guiding principle is balancing short-term and long-term. This </p><p>includes both benefits and risks. Having this balance allows us to use our creativity and </p><p>continue to grow. As a company we strive to embrace people of diverse backgrounds, </p></li><li><p> 5 </p><p>traits, and minds. This diversity encourages innovation and helps us further understand </p><p>opportunities that may present themselves within the market. This outlines our fifth </p><p>principle, which is to win with diversity and inclusion. Our sixth is how we respect others </p><p>and succeed together. It is a common understanding that our success depends on our </p><p>respect both inside and outside the company. No matter how much emphasis we place on </p><p>individuality, we also identify the crucial value in teamwork and execution. </p><p>3. Leadership </p><p>In order to have long lasting success as a corporation you must have stable </p><p>leadership. For decades, Pepsi has been able to prosper in the consumer products </p><p>industry and this is due to a strong, established way of leadership that starts with the </p><p>senior leaders. </p><p>The senior leadership is made up of CEOs from each sector of the world along </p><p>with the chairman of the company, Indra K. Nooyi. The chairman overlooks the whole </p><p>organization while each individual CEO is in charge of their sector. John Compton is the </p><p>CEO of PepsiCo Americas Global Food &amp; Snacks Group, Albert Carey is the CEO of </p><p>PepsiCo Americas beverages, Zein Abdala is the CEO of PepsiCo Europe and Saad </p><p>Abdul-Latif is the CEO of PepsiCo Asia, Middle East and Africa. By dividing the world </p><p>into sectors, PepsiCos leadership is not put on the shoulders of a single person. With </p><p>talented individuals in charge of each sector of the world the leadership and workload is </p><p>delegated. This makes PepsiCos leadership more diverse, and much stronger. </p><p> Aside from the senior leadership, another reason that PepsiCo is such a strong </p><p>company is because they have created a vision that all the employees follow and believe </p></li><li><p> 6 </p><p>in. PepsiCos vision, as stated on their website is: "PepsiCo's responsibility is to </p><p>continually improve all aspects of the world in which we operate - environment, social, </p><p>economic - creating a better tomorrow than today." Creating a vision enables all </p><p>employees to not only follow, but further develop the vision. This is not leadership in the </p><p>form of hierarchy, but the vision of the company is a form of leadership because </p><p>employees believe, and follow the vision that was created by the top managers of the </p><p>company. The vision statement of PepsiCo drives and controls the actions of the </p><p>company. </p><p> PepsiCos leadership also consists of a board of directors and corporate officers. </p><p>The board of directors oversee the business strategy and affairs of the company. The </p><p>board is made up of one executive director along with twelve other outside directors. The </p><p>outside directors have input on aspects of the company such as nominating and corporate </p><p>governance, audit and compensation. </p><p> Another aspect of the company that makes PepsiCo so strong is their mission </p><p>statement. In PepsiCos mission statement it is written: And in everything we do, we </p><p>strive for honesty, fairness and integrity. These are principles of the company that guide </p><p>the actions of the company. PepsiCo prides themselves on being an ethical company. </p><p>The leaders of PepsiCo are charismatic leaders. The company does not waiver </p><p>when it comes to these principles stated in the mission statement and this makes the </p><p>leadership that much stronger. Because the leaders of the company stick to these </p><p>principles so strictly, they are able to act consistently with their vision and mission </p><p>statements. This not only makes them more of an ethical company but it also makes </p><p>communication throughout the company easier. By sticking to their vision and giving </p></li><li><p> 7 </p><p>speeches throughout the world about their company and its purpose the leaders of </p><p>PepsiCo have formed a strong relationship with their employees and followers. </p><p>Furthermore, the leaders at PepsiCo are ethical charismatics as opposed to unethical </p><p>charismatics. Meaning, the leaders at PepsiCo develop opportunities for employees, are </p><p>open to feedback, share information throughout the company and possess moral standards </p><p>that are for the good of the organization as a whole. By staying true to their vision and </p><p>mission statements, the leaders of PepsiCo are able to direct the actions of the employees </p><p>and ensure that PepsiCo continues to prosper in the consumer products industry long into </p><p>the future. </p><p>4. Ethics and Social Responsibility </p><p> In 2010, PepsiCo created the Global Sustainability team, whose role is to develop, </p><p>implement and enforce standards to ensure consistency and quality in the organizations </p><p>sustainability reporting and ultimately accelerate the Performance with Purpose mission </p><p>through. While a great deal is being done to implement measurement processes for all </p><p>sustainability efforts, Pepsico has already made significant progress to date and believes </p><p>they have laid a very substantial foundation for success. The framework for Pepsicos </p><p>standards have been developed around three key areas: </p><p>1. Governance and Decision Making Accountabilities are assigned to individuals/teams to set strategy, prioritize activities and facilitate decision-making needed to advance the sustainability agenda. 2. Metrics, Tracking and Reporting Specific, measurable, time-based targetsdefined and standardized for tracking progressare implemented. Reporting obligations are defined and protocols are in place to ensure compliance. 3. Establishing New Practices to Facilitate Integration </p></li><li><p> 8 </p><p>Functional accountabilities and cross-plank (i.e., performance, human, environmental and talent) considerations are defined and built into daily operations in such a way as to advance our sustainability agenda. </p><p> Pepsicos determination to lead as an example of a prospering and sustainable </p><p>global company, has refocused many of the organizations efforts towards local </p><p>communities. Pepsico supports and invests in the local communities where they operate, </p><p>by hiring local people, creating products designed for local tastes, and partnering with </p><p>local farmers, governments and community groups. Staying true to its mission of </p><p>Performance with Purpose by delivering sustainable growth by investing in a healthier </p><p>future for people and our planet. </p><p> The PepsiCo Foundation established in 1962 has also expanded its mission to </p><p>foster healthy, vibrant and self-sufficient communities worldwide through global </p><p>partnerships that improve the quality of life across communities in areas of great need. </p><p>The foundation has evolved its goals to reflect the needs of global communities with </p><p>underserved populations through nutrition and activity, safe water and water usage </p><p>efficiencies, and education and empowerment. The PepsiCo Foundation has been a huge </p><p>supporter to those who also serve underserved global populations through community </p><p>involvement. The Foundation is partnered with organizations such as the YMCA, United </p><p>Way, Secondary Education Assistants, and the Foundations Matching Gifts Program. In </p><p>2010 alone, The PepsiCo Foundation contributed $25.9 million dollars towards charitable </p><p>causes. </p><p>5. Human Resources </p></li><li><p> 9 </p><p> PepsiCo is a globally based company with many different branches and areas of </p><p>production. Because of this, human resource and design departments around the globe </p><p>work differently from place to place. </p><p> The human resource department starts with its employees. PepsiCo markets </p><p>themselves and job opportunities through various social media sites. They are active on </p><p>Twitter, Facebook, LinkedIn and more. By advertising and getting their name out there </p><p>through assorted media they are able to attract a diverse group of potential employees. </p><p>After receiving applications, the selection process ensues. Hiring staff at PepsiCo will </p><p>review applications. They look at previous work experience, education and credentials to...</p></li></ul>

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